Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Contribute
Submit Post

Latest topics

» who owns the world trade centre?
by deli Today at 11:47 am

» LIOC moving up with huge demand
by deli Today at 11:44 am

» INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)
by SECsux Today at 11:33 am

» Is Nimal Perera trying to push down East shares using Twitter to buy More at lower price to collect dividend?
by Invest2018 Today at 11:27 am

» OPINION POLL: Presidential Elections 2020
by samaritan Today at 10:29 am

» Teller's Predictions
by samaritan Today at 9:06 am

» අගමැති ධූරයෙන් රනිල් ඉවත්වේ - ගෝඨාභයගෙන් ඇමති ධූර15 කින් යුතු භාරකාර රජයක්
by cseranga Today at 8:55 am

» GR-MR administration ready with economic strategy for Sri Lanka: Cabraal
by samaritan Today at 8:53 am

» Shares to Buy
by cseranga Today at 8:52 am

» CITRUS LEISURE PLC (REEF.N0000)
by sanjulanka Today at 5:47 am

» SMB LEASING PLC (SEMB.N0000)
by Mr-Star Yesterday at 8:22 pm

» FIRST CAPITAL HOLDINGS PLC (CFVF.N0000)
by ampm86 Yesterday at 6:45 pm

» ACCESS ENGINEERING PLC (AEL.N0000)
by cseranga Yesterday at 5:27 pm

» B P P L HOLDINGS PLC (BPPL.N0000)
by Winner123 Yesterday at 12:00 pm

» ROYAL CERAMICS PLC (RCL.N0000)
by NANDANA2012 Yesterday at 11:52 am

» S&P SL20 Companies
by Quibit Yesterday at 10:50 am

» AEL or RCL ?
by sarathwithana Yesterday at 10:33 am

» LOLC FINANCE PLC (LOFC.N0000)
by Promoney Yesterday at 9:12 am

» GENERAL ELECTION AROUND THE CORNER?
by samaritan Yesterday at 8:57 am

» First monetary policy review under new government on November 29
by fireshelter Mon Nov 18, 2019 10:53 pm

» SIERRA CABLES PLC (SIRA.N0000)
by hammurabi Mon Nov 18, 2019 8:45 pm

POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC

Advertise

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market & Forum Help » Stock Market News » Gold prices edge up in Sri Lanka

Gold prices edge up in Sri Lanka

Go down  Message [Page 1 of 1]

1Gold prices edge up in Sri Lanka Empty Gold prices edge up in Sri Lanka on Tue Apr 23, 2013 5:56 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Apr 23, 2013 (LBO) - Sri Lanka's gold prices have risen slightly from a week earlier along with a recovery in the international prices, industry players said.

On Tuesday a gold sovereign (about 8.1 grams) the most popular benchmark price was quoted around 46,000 rupees for 22 carats, after falling from highs of 54,000 in March, a dealer said.

The 8 gram gold biscuit was quoted around 47,500 rupees.

The 24 carat mint sovereign was quoted at 48,600 rupees, up about 1000 rupees from a day earlier, and recovering from a low of 45,000 rupees in April 17 another dealer said.

Gold jewellery traders say there is increased buying interest especially among prospective wedding couples following the end of a traditional New Year.

International gold prices of gold fell from around 1,800 US dollars last year to 1,375 dollars a troy ounce.

But prices have since recovered to about 1,425 dollars.

International commodity prices including oil and base metals including copper has also weakened amid credit fears in Europe.

Commodity price inflation or booms happen in time with money printing in reserve currency central banks such the Federal Reserve and European Central Bank.

In times of de-leveraging, currencies strengthen and commodity prices weaken.

Gold prices which rose to 800 dollars an ounce in 1980 later fell to about 240 dollars after monetary policy was tightened in Britain and the US.

Before pure fiat paper money was born in 1971-73 gold was about 20 to 35 dollars an ounce.
http://www.lankabusinessonline.com/news/Gold_prices_edge_up_in_Sri_Lanka/1542379325

2Gold prices edge up in Sri Lanka Empty Re: Gold prices edge up in Sri Lanka on Wed Apr 24, 2013 5:51 am

summa


Senior Equity Analytic
Senior Equity Analytic

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum